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High-Level International Intergovernmental
Consideration of Financing for DevelopmentUN General Assembly Resolution
A/RES/54/196
January 14, 2000
Fifty-fourth session
Agenda item 97 (a)
RESOLUTION ADOPTED BY THE GENERAL ASSEMBLY [on the report of the Second Committee (A/54/585/Add.1)]
The General Assembly,
Recalling its resolutions 52/179 of 18 December 1997 and 53/173 of 15 December 1998,
Taking note of the report of the Ad Hoc Open-ended Working Group of the General Assembly on Financing for Development, (1)
Taking note also of Economic and Social Council resolution 1999/51 of 29 July 1999 on the restructuring and revitalization of the United Nations in the economic, social and related fields and cooperation between the United Nations and the Bretton Woods institutions,
1. Endorses the report of the Ad Hoc Open-ended Working Group of the General Assembly on Financing for Development, (1) as an important input for the continuation of the process, as it provides the framework and reference for the scope, agenda and form of the final event of the high-level international intergovernmental consideration of financing for development, as well as for the preparatory process;
2. Decides to convene in 2001 a high-level intergovernmental event of political decision makers, at least at the ministerial level, on financing for development, in the context of paragraph 20 of the report of the Working Group;
3. Also decides that the high-level intergovernmental event in 2001 will address national, international and systemic issues relating to financing for development in a holistic manner in the context of globalization and interdependence, and, by so doing, will also address development through the perspective of finance; within this overall context, the event should also address the mobilization of financial resources for the full implementation of the outcome of major conferences and summits organized by the United Nations during the 1990s and the implementation of the Agenda for Development, (2) in particular with regard to poverty eradication;
4. Reiterates that, as identified in the report of the Working Group, both the preparatory process and the high-level intergovernmental event should involve the participation of all relevant stakeholders;
5. Decides to establish an intergovernmental Preparatory Committee, open to all States, to carry out the substantive preparations for the high-level intergovernmental event;
6. Also decides that the Preparatory Committee, at its resumed organizational session, based on the results of consultations to be held with all relevant stakeholders in a flexible manner, should consider innovative ways and mechanisms to facilitate the active involvement of all relevant stakeholders in both the preparatory process and the high-level intergovernmental event;
7. Requests the Secretary-General, in consultation with Member States and in the context of paragraphs 20 and 21 of the report of the Working Group and paragraphs 17 and 18 of Economic and Social Council resolution 1999/51, to initiate as soon as possible preliminary consultations with all relevant stakeholders, in particular the World Bank, the International Monetary Fund and the World Trade Organization, on the potential modalities for their participation in both the substantive preparatory process and the high-level intergovernmental event, and also requests the Secretary-General to provide the results of those consultations to the Preparatory Committee for consideration at the first part of its organizational session;
8. Decides to constitute a Bureau of the Preparatory Committee, which will consist of fifteen representatives of Member States to the United Nations selected according to the principle of equitable geographical representation and will be presided over by two co-chairmen;
9. Also decides that the first organizational session of the Preparatory Committee should be held as soon as possible and no later than the end of January 2000 to elect the Bureau, and in this regard requests the President of the General Assembly to begin consultations with Member States as soon as possible;
10. Requests the Bureau, inter alia, in the context of paragraphs 20 and 21 of the report of the Working Group and paragraphs 17 and 18 of Economic and Social Council resolution 1999/51 and with the further assistance of the Secretary-General, to continue consultations with all relevant stakeholders on the modalities for their participation, including the possibility of creating a joint task force, in both the substantive preparatory process and the high-level intergovernmental event, and also requests the Bureau to submit proposals to the Preparatory Committee at its resumed organizational session on the modalities of participation of all relevant stakeholders;
11. Decides that the resumed organizational session of the Preparatory Committee should be held as soon as possible and no later than March 2000, and, on the basis of the report of the Working Group and the proposals on modalities to be submitted by the Bureau, and taking into account the outcome of the consultations of the Secretary-General, will consider the following questions:
(a) The form of the final event, including a possible summit, international conference, special session of the General Assembly or other high-level international intergovernmental forum on financing for development;
(b) The venue of the final event;
(c) The timing, duration and format of the final event;
(d) Clarification of the agenda;
(e) Modalities for the participation of institutional stakeholders in both the preparatory process and the high-level intergovernmental event, notably:
(i) The World Bank, the International Monetary Fund and the World Trade Organization, including, in the last case, participation at the secretariat level and by member and observer States;
(ii) The United Nations Conference on Trade and Development and the regional commissions;
(f) Modalities for the participation of other stakeholders, notably non-governmental organizations and the private sector, in both the preparatory process and the high-level intergovernmental event;
(g) The programme of work of the Preparatory Committee;
12. Also decides that the first substantive session of the Preparatory Committee should be held in May 2000;
13. Invites Member States to consider sending experts to participate in the preparatory process, and encourages bilateral and multilateral donors to facilitate the participation of developing countries in both the preparatory process and the high-level intergovernmental event;
14. Calls upon the relevant entities of the United Nations system, including the United Nations Conference on Trade and Development and the regional commissions, as well as the regional development banks and all other relevant stakeholders, to provide inputs for consideration during the preparatory process;
15. Requests the relevant entities of the United Nations system, in accordance with their respective mandates, to take into account the schedule of the Preparatory Committee and meetings of the regional commissions in assisting countries, in particular developing countries and countries with economies in transition, in preparing for the discussion on financing for development;
16. Requests the United Nations Conference on Trade and Development to take into account the schedule of the Preparatory Committee and meetings of the regional commissions in assisting developing countries and countries with economies in transition in preparing for the discussion on financing for development;
17. Requests the Secretary-General, in close consultation with all Member States, to provide the Preparatory Committee and the high-level intergovernmental event with a secretariat commensurate with the level of the event and adequate staff and other resources, further invites the Secretary-General in this context to explore, in consultation with all relevant institutional stakeholders, the possibility of utilizing, in that secretariat, staff from among the stakeholders, as appropriate, and also requests the Secretary-General to make proposals in this regard to the Preparatory Committee at its resumed organizational session in accordance with the rules and procedures of the United Nations;
18. Also requests the Secretary-General to report to the General Assembly at its fifty-fifth session on the implementation of the present resolution and on the overall work undertaken with regard to the high-level international intergovernmental consideration of financing for development;
19. Decides to include in the provisional agenda of its fifty-fifth session the item entitled “High-level international intergovernmental consideration of financing for development”.
87th plenary meeting
22 December 1999
1. Official Records of the General Assembly, Fifty-fourth Session, Supplement No. 28 (A/54/28).
2. Resolution 51/240, annex.
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